‘We did the two biggest estate purchases last year,’ reveals Simon Pring, a partner at Farrer’s since 1995. ‘Both exchanged on the same day, which was rather nice – about 10 per cent of the UK land market for the year.’
Pring advises on development opportunities, diversification and intergenerational tax planning. The work is challenging as ‘it depends on where you are, what you can do, what’s economically viable – it’s all about geographic location’.
He has expertise in mineral exploitation and highlights recent work on the Sirius Minerals potash mine in Yorkshire. ‘That’s a fascinating, massive project and does show that we can do really big things in this country,’ he says.